Price and Volume:
The relationship of
Volume:
shows us how many people are buying or selling a coin or asset.
If the price is increasing with high volume, it indicates strong buying pressure,
meaning buyers are active in the market (bullish signal).
If the price is decreasing with high volume, it indicates strong selling pressure,
meaning sellers are dominating (bearish signal).
If the price moves with low volume, the move is weak and there is a higher chance of a fake breakout.
Price:
Only moves in a really strong direction when volume supports it.
Rule:
Price action:
Always confirm with volume, only then is a good and accurate decision possible.
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